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3 mins read
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
2 mins read
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
5 mins read
Ahead of Dhanteras 2024, how has gold glittered so far this year?
At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…
1 min read
Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying
The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.
3 mins read
4 trends to watch this bank earnings season
JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …
Kaja Whitehouse
2 mins read
Job creation, redefining skills most pressing issue globally amid rapid tech changes: FM Nirmala Sitharaman
Sitharaman highlighted the need for urgent action and a comprehensive analysis to address these iss…
ANI
2 mins read
India fully committed to increasing cooperation under BRICS, says PM Modi at Leaders' Summit
Lauding the role of BRICS, PM further highlighted that the grouping after the inclusion of five new…
ANI
1 min read
Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users
Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…
PTI
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
4 mins read
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…
Hayley Cuccinello,Emmalyse Br…
2 mins read
Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?
While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will te…
3 mins read
4 positives to focus on as recession fears grip the market, Deutsche Bank says
The narrowness of the recent stock sell-off offers one reason to not panice yet, Deutsched Bank sai…
Filip De Mott
2 mins read
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
2 mins read
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
2 mins read
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
2 mins read
Real estate investment trust pitch for direct bank lending, classification as equity
Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get ac…
PTI
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
2 mins read
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…
Kelly Cloonan
2 mins read
Centre approves appointments of new Chairman, Managing Director of State Bank of India
The central government approved Challa Sreenivasulu Setty as the new Chairman of State Bank of Indi…